Adani Group Current Affairs

Enter Your Email Address To Subscribe Current Affairs Daily Digest, Daily Quiz and other updates on Current Affairs:

World’s largest solar power plant commissioned at Kamudhi, Tamil Nadu

The world’s largest solar power plant with an installed capacity of 648MW was commissioned at Kamudhi in Ramanathapuram district of Tamil Nadu.

The plant was set up on an area of around 5,000 acres by Adani Group at a total cost of Rs 4,550 crore. It was connected to the grid through a sub-station.

Key Facts

  • The plant was set up the plant in eight months. For this purpose, Adani Group had sourced equipment and machinery from various parts of the world.
  • The plant comprises 25 lakh solar modules, 3.8 lakh foundations, 27,000m of structure, 154 transformers, 576 inverters and 6,000km length of cables.
  • A total of around 8,500 people had worked in a day to set up the plant in the stipulated time.


APSEZ inks MoU with IPGA to handle pulses across its ports in country

Gujarat-based Adani Ports and Special Economic Zone (APSEZ) has signed a Memorandum of Understanding (MoU) with India Pulses and Grains Association (IPGA) to handle import and exports of pulses across its ports in the country.

The MoU seeks to

  • Develop an efficient and dedicated supply chain for pulses using Adani Ports’ strategically located facilities to all key consumption centres in the country.
  • Ensure the smooth and cost efficient availability of this key protein source by ideally connecting to the key markets of North, West and Central India.

To facilitate handling of pulses, APSEZ has developed the world class facilities for an agricultural market place at its all ports. It also has largest dedicated covered warehouse space inside ports for Agricultural goods.

The company also has tied up with multiple partner agencies to provide collateral management and trade finance services at the port itself. It should be noted that APSEZ is India’s largest private port development company.

Annually, India imports nearly 5 million tonnes of pulses for domestic consumption mainly from countries like Canada and Australia.


Australia approves Carmichael coal mine project of Adani Group

Australian Government has given its approval for Adani Group’s Carmichael coal mine and rail project in accordance with environment laws of country.

The approval has been granted subject to 36 of the strictest conditions in Australian history.

Earlier in August 2015 Australian court had temporarily blocked the project because of environmental concerns.

Carmichael coal mine which is one of the world’s biggest coal mines is to be built by Adani Mining Pty Ltd, a wholly-owned subsidiary of the Adani Group.

The project was first proposed in 2010 and is an open-cut underground coal mine located approximately 300km inland in remote central Queensland area in Australia.

The Carmichael project and 189 km rail line is worth 16 billion Australian dollars with a yield of 60 million tonnes per annum for export mostly to India.